I got out too soon. I have to continue to improve my trade management skills. I got to let go of my scalping mindset.

When I was trading I noticed my scalping mindset creeping back. I took a lot of trades that were not part of my plan. I was anticipating moves and trying to catch reversals without waiting for a confirmation(green bar, hammer, etc.) My losing trades added up to $206.

Overall, I think my trading improved. I made $350 today. Time will tell if I can keep this consistency going.

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About Me

I have been trading for 5 years. It took close to a year before I became profitable. I find that I am improving gradually each year.
My method of choice is scalping. My edge lies in tape reading NYSE stocks and staying on the side of the specialist. That is the method I learned when I started. As I build up my capital I will try new styles and trade new markets.
In late 2006 my trading hit a rough patch after the introduction of the NYSE Hybrid system. For most of 2007, I have been on a search for new strategies that would help me adapt to the market.